Description

The fund seeks regular monthly income with the potential for capital growth by providing exposure to short-term fixed-income securities. Securities are selected based on the portfolio manager’s assessment of each security’s key characteristics, including term to maturity, credit quality, yield to maturity, and duration. The manager also considers issuer diversification, as well as ESG factors if deemed applicable to the investment decision. Holdings are primarily composed of Canadian government and corporate bonds, treasury bills, and term deposit, which are rated investment grade and with maturities ranging from one to five years.